In India, pursuing an MBA is a big investment, with most of the top MBA colleges charging 15-25 Lakhs. Yet, many aspire to pursue an MBA in India since the return provides them with amazing job opportunities, skills, experience, network, and habits. To highlight how much these top institutes cost and how much return you can expect from them in terms of placement, here are the top 10 MBA colleges in India and their fee structure.
Top 10 MBA Colleges in India with Fee Structure and Placement
1. IIM Ahmedabad; Fee–26.5 Lakhs
IIM Ahmedabad is the top-ranked college in India, being the best for the longest period. IIM Ahmedabad fee is 26.5 Lakhs for the latest batch. Followed by the return, the IIM Ahmedabad average package is 34.45 LPA, and the IIM Ahmedabad highest package is 1.46 Crore per annum. About the fee structure, the 26.5 Lakhs includes 2-year tuition fees, course material, library access, and campus facilities, but excludes personal expenses like laptop, travel, or laundry not included.
Further, the IIM Ahmedabad PGPX, also known as the Executive MBA, has a total fee of 34.15 lakhs, excluding all the facilities listed above. But, looking at the big picture, the institute does provide you with a good return on investment as you develop all the necessary skill set needed at the managerial level.
IIM Ahmedabad Fees and Placement
| Particulars | Details |
| IIM Ahmedabad MBA Fees (2-Years) | 26.5 Lakhs |
| IIM Ahmedabad Executive MBA Fees (1-Year) | 34.15 Lakhs |
| IIM Ahmedabad Average Package | 36.14 LPA |
| IIM Ahmedabad Highest Package | 1.46 Crore per year |
2. IIM Bangalore; Fee–26 Lakhs
IIM Bangalore could be the only MBA college in India with one of the biggest batches yet high placement records. Even if IIM Bangalore MBA fees are around 26 Lakhs, the IIM Bangalore average package is 35.92 LPA and median package is 32.50 LPA, a remarkable feat considering a batch of 500+ students. Moreover, the 26 Lakhs fees cover tuition, library, internet, case permission royalty, course material, hostel room rent and service charge, medical insurance, personal accident insurance, and alumni activity. In addition to hostel charges, a caution deposit of Rs. 20,000 must be paid in general.
Therefore, same suggestion as above–IIM Bangalore does equip you with skills, habits, and experiences that will greatly enhance your career professionally and personally.
IIM Bangalore Fees and Placement
| Particulars | Details |
| IIM Bangalore MBA Fees (2-Years) | 26.2 Lakhs |
| IIM Bangalore Executive MBA Fees (1-Year) | 31.05 Lakhs |
| IIM Bangalore Average Package | 35.92 LPA |
| IIM Bangalore Median Package | 32.50 LPA |
3. IIM Calcutta; Fee–27 Lakhs
IIM Calcutta, renowned as the best MBA college for finance, is also one of the top IIMs, with a total fee of 27 lakhs covering tuition, course materials, campus facilities, hostel accommodation, and service charges, followed by the executive MBA fee is around 33.5 Lakhs. Although IIM Calcutta charges the highest fees among all IIMs, the placement figures make up for it. IIM Calcutta average package is around 35.07 LPA, and IIM Calcutta highest package is around 1.15 Crore per annum in 2024.
IIM Calcutta Fees and Placement
| Particulars | Details |
| IIM Calcutta MBA Fees (2-Years) | 27 Lakhs |
| IIM Calcutta Executive MBA Fees (1-Year) | 33.5 Lakhs |
| IIM Calcutta Average Package | 35.07 LPA |
| IIM Calcutta Highest Package | 1.15 Crore per annum |
4. FMS; Fee–2.30 Lakhs
FMS Delhi is the best among the list of the best MBA colleges in India with low fees. There’s no doubt, no concern to pronounce FMS Delhi this award when FMS Delhi average package is 34 Lakhs and FMS Delhi highest package is 1.23 Crore per annum in 2023. Aspirants seeking the best MBA college with low fees should look no further than FMS Delhi, which charges only 2.3 Lakhs. Additionally, FMS Delhi students benefit from more quality exposure and a stronger learning environment due to the city’s location and the startup ecosystem in nearby cities such as Gurugram and Noida.
FMS Delhi Fees and Placement
| Particulars | Details |
| FMS Delhi MBA Fees (2-Years) | 2.3 Lakhs |
| FMS Delhi Executive MBA Fees (1-Year) | 1.92 Lakhs |
| FMS Delhi Average Package | 34 LPA |
| FMS Delhi Median Package | 31 LPA |
| FMS Delhi Highest Package | 1.23 Crore per annum |
5. XLRI Jamshedpur; Fee–30.6 Lakhs
XLRI Jamshedpur is the only top MBA college that accepts admission through the XAT exam. While both its Jamshedpur and Delhi campuses offer various PGDM (MBA) programs, the two flagship courses—Business Management and Human Resource Management—stand out for their strong placements and core skill development. XLRI business management (BM) fee is around 30.6 lakhs, and XLRI human resource management (HRM) fee is around 30.6 lakhs. The fee includes all the campus facilities, books, course materials, hostel rent, internet, and medical facility.
Now, looking at the placement figures, XLRI average package is 31.08 Lakhs, and XLRI median package is 29 Lakhs.
XLRI Fees and Placement
| Particulars | Details |
| XLRI BM Fees | 30.6 Lakhs |
| XLRI HRM Fees | 30.6 Lakhs |
| XLRI Average Package | 31.08 LPA |
| XLRI Median Package | 29 LPA |
| XLRI Highest Package | 1.10 Crore per annum |
Join the Largest CAT Preparation Community in India
6. ISB Hyderabad; Fee–42.13 Lakhs
Being one of the best MBA colleges in India, known for its short duration and world-class facilities, exposure, and environment. ISB Hyderabad MBA fee is around 42.13 Lakhs–in addition, the ISB Hyderabad Executive MBA fee is around 41.78 Lakhs. The fee includes the admission fee, tuition fee, course material, accommodation, meals and campus facilities.
In terms of returns, ISB Hyderabad offers a strong package; the ISB Hyderabad average package is 33.25 LPA (Top 80%), and the ISB Hyderabad median package is 32 LPA (Top 80%).
ISB Hyderabad Fees and Placement
| Particulars | Details |
| ISB Hyderabad MBA Fees | 42.13 Lakhs |
| ISB Hyderabad Executive MBA Fees | 41.78 Lakhs |
| ISB Hyderabad Average Package | 33.25 LPA |
| ISB Hyderabad Median Package | 32 LPA |
7. IIM Lucknow; Fee–20.75 Lakhs
Also a top MBA college in the country and among IIMs, IIM Lucknow fee is around 20.75 Lakhs. In terms of placement, the IIM Lucknow average package is 30 LPA, and the IIM Lucknow median package is 27 LPA.
IIM Lucknow Fees and Placement
| Particulars | Details |
| IIM Lucknow MBA Fees | 42.13 Lakhs |
| IIM Lucknow Average Package | 33.25 LPA |
| IIM Lucknow Median Package | 32 LPA |
| IIM Lucknow Highest Package | 1.23 Crore per annum |
8. SPJIMR; Fee–22.5 Lakhs
SPJIMR is among the best colleges in Mumbai, India. Known for its profile-based selection and MBA finance specialization, SPJIMR fees is around 22.5 Lakhs for the latest batch, including major facilities like accommodation, tuition, meals, and course materials. In terms of return through placement, the SPJIMR average package is around 31 lakhs and the SPJIMR highest package is around 81 lakhs.
SPJIMR Fees and Placement
| Particulars | Details |
| SPJIMR MBA Fees | 22.5 Lakhs |
| SPJIMR Average Package | 31 LPA |
| SPJIMR Median Package | 30.50 LPA |
| SPJIMR Highest Package | 89 LPA |
Join the Largest CAT Preparation Community in India
9. IIM Kozhikode; Fee–22.5 Lakhs
Being a part of the top MBA colleges acronym BLACKI, IIM Kozhikode is among the top old IIMs with great placement and facilities. IIM Kozhikode fee is around 22.5 Lakhs including program delivery, books and instruction material, in-campus hostel accommodation, and access to all in-campus facilities such as the library. Mess/Canteen charges.
SPJIMR Fees and Placement
| Particulars | Details |
| IIM Kozhikode MBA Fees | 22.5 Lakhs |
| IIM Kozhikode Average Package | 28.05 LPA |
| IIM Kozhikode Median Package | 27 LPA |
| IIM Kozhikode Highest Package | 72 LPA |
10. IIM Mumbai; Fee–21 Lakhs
Formerly known as NITIE Mumbai, IIM Mumbai is a top MBA college with a strong focus on manufacturing and operations. Based in Mumbai, the IIM Mumbai fee is around 21 Lakhs for its MBA program. In the placement season of 2024, the IIM Mumbai average package is around 33.84 Lakhs (Top 50%) and IIM Mumbai highest package is 54 LPA.
IIM Mumbai Fees and Placement
| Particulars | Details |
| IIM Kozhikode MBA Fees | 21 Lakhs |
| IIM Kozhikode Average Package (Top 50%) | 33.84 LPA |
| IIM Kozhikode Average Package (Top 10%0 | 47.29 LPA |
| IIM Kozhikode Highest Package | 54 LPA |
